POLI 279 Lecture Notes - Lecture 5: Submarine Communications Cable, Sailing Ship, Panama Canal
Document Summary
Argued to have begin rst in great britain, then spread to european continent (especially west), then to united states & nally to japan! Late 18th century - early 20th century ! Nished the transition from an agrarian society to industrial society ! Growing crisis of declining production & increasing unemployment ! Fear that industrial labourers may become so dissatis ed may become so something that they take up military or something to overcome their state! Industrial revolution - crisis phase: overproduction vs. underconsumption : causes increasingly high unemployment rates , immiseration prevalent - increasingly miserable - angry, desperate at political/ economic problems because of unemployment & lack of welfare ! Increases chance of revolution - sees as illegitimate & wants to overthrow: j. a. Hobson - liberal imperialist - suggests that workers should be paid more - they have more money to spend, and boost economy to resolve crisis : v. i.